-LRB- EW.com -RRB- -- AMC has canceled `` The Killing '' after two seasons , but the rainy murder mystery could live on at another network .

A statement from the network read : `` After much deliberation , we 've come to the difficult decision not to renew ` The Killing ' for a third season . AMC is incredibly proud of the show and is fortunate to have worked with such a talented team on this project , from showrunner Veena Sud and our terrific partners at Fox Television Studios to the talented , dedicated crew and exceptional cast . ''

Fox Television Studios quickly sent out a statement saying the studio plans to shop the drama series to other networks : `` Fox Television Studios is extremely proud of ` The Killing , ' the extraordinary writing staff and crew , and what we believe is one of the best casts on television . We will proceed to try to find another home for the show . ''

`` The Killing '' has been one of AMC 's few missteps in an otherwise remarkable plunge into scripted television during the last several years . The show premiered last year to 2.7 million viewers and plenty of fan and critic excitement . But in a move that will likely be used as a real-time lesson in serialized series management for years to come , AMC and Sud managed to infuriate fans by declining to solve a mystery that viewers felt they had been led to believe would be cleared up by the end of the first season .

When season 2 debuted in April , ratings dropped 33 % to 1.8 million viewers . The audience continued to ebb until the finale , which garnered 1.4 million viewers and finally revealed who killed teen murder victim Rosie Larsen . With the ratings showing a clear downward trajectory , and having established across two seasons that the Larsen murder is the driving force of the show , cancellation seemed very likely . The lesson ? Do n't take viewers for granted .

See the full story at EW.com .

CLICK HERE to Try 2 RISK FREE issues of Entertainment Weekly

© 2011 Entertainment Weekly and Time Inc. . All rights reserved .

@highlight

AMC has canceled `` The Killing '' after two seasons

@highlight

Fox Television Studios plans to shop the series to other networks

@highlight

The drama 's audience has continued to ebb ; the finale garnered 1.4 million viewers